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DENVER AREA MEAT CUTTERS v. CLAYTON

120 S.W.3d 841 (2003)

DENVER AREA MEAT CUTTERS AND EMPLOYERS PENSION PLAN, derivatively on behalf of Clayton Homes, Inc. v. James L. CLAYTON, et al.

Court of Appeals of Tennessee, Eastern Section, at Knoxville.

September 3, 2003.

Application for Permission to Appeal Denied September 24, 2003.

Permission to Appeal Denied September 29, 2003.

Attorney(s) appearing for the Case

John A. Lucas and John G. Brock, Knoxville, Tennessee; Edward J. Fuhr, Stacy M. Colvin, Eric H. Feiler, and Terence J. Rasmussen, Richmond, Virginia; Gregory P. Williams, Wilmington, Delaware; and Jerry G. Cunningham, Maryville, Tennessee, for the appellants, James L. Clayton, Kevin T. Clayton, C. Warren Neel, B. Joe Clayton, Steven G. Davis, Dan W. Evins, Wilma H. Jordan, Thomas N. McAdams, and Clayton Homes, Inc.

George E. Barrett, Douglas S. Johnston, Jr., Timothy L. Miles, James G. Stranch, III, and C. Dewey Branstetter, Nashville, Tennessee; Darren J. Robbins, Randall J. Baron, A. Rick Atwood, Jr., and Mary K. Blasy, San Diego, California; and David R. Duggan, Maryville, Tennessee, for the appellees, Denver Area Meat Cutters and Employers Pension Plan.

Application for Permission to Appeal Denied by Supreme Court September 24, 2003.

Permission to Appeal Denied by Supreme Court September 29, 2003.

CHARLES D. SUSANO, JR., J., delivered the opinion of the court, in which HOUSTON M. GODDARD, P.J., and D. MICHAEL SWINEY, J., joined.

OPINION

The focus of this litigation is on the merger of (1) Clayton Homes, Inc., a Delaware corporation, which, pre...

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